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$775,000
Est. payment /mo
9,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8700535
Construction Status Existing
HOA Y/N No
Year Built 1985
Annual Tax Amount $2,243
Tax Year 2024
Lot Size 9,000 Sqft
Property Sub-Type Fourplex
Property Description
Check out this fantastic investment opportunity to own a well-maintained 4-plex in an established residential neighborhood just steps away from historic Old Colorado City. This property boasts a strong rental history and a consistently low vacancy rate — ideal for both new and seasoned investors. Each of the four units offers a cozy Living Room with wood burning fireplace; a functional galley-style Kitchen; two comfortable Bedrooms; a full Bathroom; and storage closet. Additional features include an on-site coin-operated laundry and convenient off-street parking for tenants. This property is within walking distance to Old Colorado City's popular shops, restaurants, and vibrant community events — making it a desirable location for renters! This is a solid option for investors looking to expand or diversify their portfolio with a centrally located asset.
Location
State CO
County El Paso
Area Owen Love & Quinbys
Interior
Cooling None
Fireplaces Number 1
Fireplaces Type Four, Wood Burning
Laundry Coin, Common
Exterior
Garage Spaces 6.0
Utilities Available Cable Available, Electricity Connected
Roof Type Composite Shingle
Building
Foundation Garden Level
Water Municipal
Structure Type Framed on Lot
Construction Status Existing
Schools
School District Colorado Springs 11
Others
Special Listing Condition Not Applicable
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Listed by Cornerstone Real Estate Team